Real Estate Report: Hottest Trends and Best and Worst Markets for Flips
Be Wealthy & Smart
Linda P. Jones
4.8 • 883 Ratings
🗓️ 6 August 2021
⏱️ 15 minutes
🧾️ Download transcript
Summary
Learn the hottest housing trends and best and worst markets for flipping homes.
The first article is here.
The second article is here.
The third article about home flipping is here.
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Your compounding rate, and how well you invest, matters!
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Transcript
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| 0:00.0 | Be wealthy and smart, episode 914. If y'all know what I mean put your hands up and declare with me |
| 0:13.8 | Yeah, I'm full of faith |
| 0:16.0 | I'm gonna live a good life I'm gonna live a good life |
| 0:21.3 | and beautiful and financial freedom without budgets, boredom or bosses on be wealthy and Smart. And now here's your host, Linda P. Jones. |
| 0:37.0 | Welcome to Be Wealthy and Smart. I'm Linda P. Jones, America's Wealth Mentor. |
| 0:42.0 | Empowering women and Men Worldwide to Financial Freedom. |
| 0:45.0 | On today's show, I'm going to do an updated housing report for you because so much is changing. |
| 0:51.1 | First of all, we have changes in forbearance, we have changes in certain markets, we have a little bit of slowing from the original housing boom, |
| 1:00.0 | and I have a report for you on which are the best cities to flip houses and the worst cities to flip houses. |
| 1:08.0 | Some really interesting data for you. |
| 1:10.0 | So first of all, this article is from fortune.com and it is about why home prices are |
| 1:17.5 | rising faster than ever before and you can see how your state is doing if it's in the top 10. |
| 1:24.0 | In the early weeks of COVID-19 recession, it looked like the housing market was heading |
| 1:28.2 | for a slump, or worse, a crash. |
| 1:31.8 | After all, how could the markets stay afloat amid Great Depression level |
| 1:35.0 | joblessness and state-issued shutdowns that kept agents from doing in-person showings? |
| 1:41.1 | What transpired next shocked the industry. |
| 1:44.0 | Instead of sinking, housing went on an historic run. |
| 1:48.0 | Pandemic spurred low interest rates coupled with remote workers |
| 1:52.0 | ready to sneak farther out of the city in search of |
| 1:54.2 | other abodes helped to set off a frenzy. It was only intensified by the fact |
| 1:59.3 | were amid the five-year period when the largest portion of |
... |
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